Caterpillar stock price slips 3% into earnings week as Wall Street braces for the Fed
Caterpillar shares fell 3.36% to $626.62 Friday, underperforming the Dow and S&P 500 ahead of next week’s earnings and a Federal Reserve meeting. Analysts raised price targets but kept ratings unchanged. The stock has lost about 3% since Jan. 16. Deere also declined as industrials faced pressure.